Pros and Cons of a Self-Directed IRA - Robert Kiyosaki, Kim Kiyosaki,

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The Rich Dad Channel

The Rich Dad Channel

Күн бұрын

A self-directed individual retirement account (SDIRA) is a type of individual retirement account (IRA) that can hold investments that a typical IRA cannot, such as precious metals, commodities, and real estate. Today’s guests debate the pros and cons of a self-directed IRA and who should invest in such a vehicle.
John Bowens, Sr. Retail Sales Manager and National Educator for Equity Trust Company says, “The first mistake investors make is trusting a 3rd party.” A custodian isn’t going to do its due diligence to ensure it's a safe and sound asset. The investor in a self-directed IRA acts as their own financial planner.
Tom Wheelwright, Rich Dad Advisor on Taxes says, “You have a lot more freedom, but it also brings a lot more responsibility.” Wheelwright goes on to explain from a tax position, the benefits and downsides of an IRA.
Hosts Robert and Kim Kiyosaki and guests John Bowens, Jeff Desich, and Tom Wheelwright discuss the pros and cons of a self-directed IRA, and how to avoid the biggest mistakes people make with IRAs.
Link to education modules discussed in the show: www.goequitytr...
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Пікірлер: 334
@burjkhalifa1718
@burjkhalifa1718 2 жыл бұрын
Information is power ❤️
@burjkhalifa1718
@burjkhalifa1718 2 жыл бұрын
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.
@shannoncallehan9678
@shannoncallehan9678 2 жыл бұрын
@@burjkhalifa1718 Many thinks bitcoin investment is only profitable when the market price is going up but from my knowledge and experience I can boldly say to you that investing in bitcoin is profitable both in bulls and in bears all you need is the right information
@anthonygold6583
@anthonygold6583 2 жыл бұрын
@@shannoncallehan9678 What actually the idea behind this bitcoin investment,I have been watching some videos and I was thinking about investing in bitcoin , but still don't know where to start from
@stephenpalmer8982
@stephenpalmer8982 2 жыл бұрын
@@shannoncallehan9678 It's strange how people talk about all the profits, they've been making through investing in bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.
@madeleinedee4395
@madeleinedee4395 2 жыл бұрын
@@anthonygold6583 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that bitcoin investment is one of the profitable money exchange services that elevates investors and their financial status.
@susannnico
@susannnico Жыл бұрын
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
@susannnico
@susannnico Жыл бұрын
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
@susannnico
@susannnico Жыл бұрын
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
@maddiekoval7354
@maddiekoval7354 2 жыл бұрын
Impressive, i invested largely on crypto market last year on Robinhood, tried some index but didn't take it out so lost it by the end, any consistent strategies?
@perezcrawford1572
@perezcrawford1572 2 жыл бұрын
Consistently trading with proper guidance in quality dividend paying companies is a relatively easy strategy to create wealth. Well I copy trades from daily signals of expert Mila Harald as recommended here previously
@rogersvillecarl8251
@rogersvillecarl8251 2 жыл бұрын
Same here, Crypto market controls the huge part of my passive income flow. I put in $180k about a month ago i have gained over $500k. Mrs Mila is amazing
@jessicaida1414
@jessicaida1414 2 жыл бұрын
Amazing!!! I found Mrs Mila one 2 months ago here also!!! This is so validating hearing you also got her recommendations!!! Yes cheers to be part of her coaching program
@debbiecoates2864
@debbiecoates2864 2 жыл бұрын
Trading with Mila's strategy is nothing new to me, I opened a trading at $5K, and I've been able to scale to $18K in two weeks
@ethanlucaskia4111
@ethanlucaskia4111 2 жыл бұрын
I can attest to Mila's coaching services. I have gained over 380K on crypto market. The strategies and Al auto trading tools she provides are very helpful, being part of the vip signal channel has really helped me as an investor
@keithminton6120
@keithminton6120 2 жыл бұрын
Great Education. I Personally have Used Equity Trust for the last 10 plus years and have 7 accounts open with them and my family. Very easy to use. Even if you don't decide to use them follow their education and learn and grow. John Bowens is a great speaker and i have reached out to him numerous times on different investment ideas and he is able to give you the law and how the taxes would work. Thanks
@barbara6917
@barbara6917 2 жыл бұрын
Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2022 and I believe iť's my time to invest and shine for a better future.
@susan8784
@susan8784 2 жыл бұрын
Trading with an expert Mrs Mary Allen is the best strategy for newbies and busy investors who have little or no time to monitor trade.
@susan8784
@susan8784 2 жыл бұрын
Thanks for introducing Mrs Mary Allen.
@David-nw9qy
@David-nw9qy 2 жыл бұрын
She's always active on wha'sapp .....👇👇..
@David-nw9qy
@David-nw9qy 2 жыл бұрын
米米 ♱𝟭𝟮𝟬𝟵𝟮𝟲𝟵𝟯𝟵𝟴𝟳米米 Tell her i refferd to you 人人人
@JessicaSmith-je5pf
@JessicaSmith-je5pf 2 жыл бұрын
This is quite useful for beginners, you shouldn't settle alone or you see yourself loosing all of your money, just like me when l started trading. We should be prepared to contribute because there is no return without an investment.
@scottkidd1969
@scottkidd1969 7 ай бұрын
Thank you, this is very helpful. I am switching Roth IRA to SDira. Really great to know the mistakes people have made to give me a better understanding for a more informed decision. Thank you
@douglaszachary4226
@douglaszachary4226 2 жыл бұрын
Mrs Susan is legit and her method works like magic I keep on earning every single week with her new strategy
@xavieraustin2340
@xavieraustin2340 2 жыл бұрын
Wow I'm just shock someone mentioned expert Mrs Susan , I thought I' m the only one trading with her
@clintonilayira6380
@clintonilayira6380 2 жыл бұрын
I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Susan I think she is the best broker I ever seen
@russelllouis8846
@russelllouis8846 2 жыл бұрын
Thanks for introducing me to Mrs Susan
@lawrencegabriel5294
@lawrencegabriel5294 2 жыл бұрын
Yes I' m also a living testimony of expert Mrs Susan Mrs Susan has changed my financial status for the best.all thanks to my aunty who introduced her to me
@Benjamin-tf9oy
@Benjamin-tf9oy 2 жыл бұрын
@@saraezra1106 Wow I just make my second withdraw again today trading with expert Mrs Susan
@imagine3827
@imagine3827 Жыл бұрын
I do not recommend third party depositories for precious metals. I made the mistake of storing gold with a Delaware depository and the owner embezzled all the metals and all investors lost their money. Currently frozen assets. Their credentials said they were insured and it turned out they weren’t. They stole millions of retirement funds. If you would like to see the lawsuit and can add the link.
@mcUSA94
@mcUSA94 Жыл бұрын
Please do
@genelevesque2555
@genelevesque2555 Жыл бұрын
Tom is hot and heavy against checkbox IRA's with LLC's. That is fine to have that opinion, but it sounds like scare tactics. He does not explain the "mistakes" that people can make. I would like to hear him be a bit more specific. I appreciate that Robert admits that he knows nothing about self directed IRA's.
@reidhopper1
@reidhopper1 2 жыл бұрын
It's so refreshing to see adults talk through disagreements. You don't see that often in media these days.
@jeromedavis8758
@jeromedavis8758 2 жыл бұрын
Absolutely agree! Great conversation!
@deanmuhammad
@deanmuhammad 5 күн бұрын
I appreciate Robert for keeping the interview on track for giving information and not just selling their company and products...
@cordisgermain932
@cordisgermain932 2 жыл бұрын
*Our greatest concern should be how to recover from economic inflation. Imagine investing $1500 and receiving $10,050 profit in few days, Ms Cora Wilson is the best.🇺🇸🇺🇸*
@katejoham9134
@katejoham9134 2 жыл бұрын
When it comes to investing, diversification is key, that's why I engage in sectors based on projected growth. There's no shortcut to getting rich, but there are smart ways to go about it.
@gurametsadashvili1888
@gurametsadashvili1888 2 жыл бұрын
My wife and I hold Ms Cora Wilson in high esteem because of the $ 21,000 every 4 days in profit we're receiving with her strategies
@aloypascal2799
@aloypascal2799 2 жыл бұрын
@@gurametsadashvili1888 Interesting. Could you possibly share more hints or ideas on this approach. What are the sectors you engage in?
@gurametsadashvili1888
@gurametsadashvili1888 2 жыл бұрын
@@aloypascal2799 I engage in different kinds of prolific investments such as launchpad IDOs, Crypto, and vice versa through proper planning and management of a widely known Investment Professional and so far acquired over 500 grand as a return.
@annifred2159
@annifred2159 2 жыл бұрын
Her good reviews are everywhere. No doubt Ms Cora is very good, i also Invested $500 and made $3,700 in few days, Her analysis are awesome
@howardehrsam6182
@howardehrsam6182 3 ай бұрын
I am thinking of moving funds from my existing IRAs and old 401ks into a self directed IRA to get out if this whacked market and by real estate to let that fester and ideally collect rental income tax free while value increases. Depreciation seems like procrastination because I paid crazy amount of capital gains because base value so low from depreciation. Great video to see pros and cons and how to navigate. I also like the idea of loaning money. I'm looking at doing real estate deals now where self directed IRA is the bank and financial partner in the deal. Comments encouraged!
@dmustakasjr
@dmustakasjr 2 жыл бұрын
Robert thank you! Absolutely loved having divergent opinions right from the get go! Completely a fan of Tom Wheelwright but the back and forth that allows for a full picture view when differences come up is VERY VALUABLE. Bringing on guests with opposing (but respectful) views is very helpful.
@AZJ0e
@AZJ0e Жыл бұрын
What is the alternative to Self-Directed Accounts? LLC Qualified Plan or Pull funds from IRAs?
@BirdseyeVu
@BirdseyeVu 2 жыл бұрын
Tom: “I just want to make sure my job is secure!”😁 Courses for horses…best statement made in this interview was, “I use my self directed IRA for certain investments, not for EVERY investment.” When you place a portion of your Roth in this, it makes great sense!
@whatsapp0541
@whatsapp0541 2 жыл бұрын
......ᴡʜᴀᴛꜱᴀᴘᴘ✙𝟏𝟔𝟏𝟐𝟒𝟔𝟎𝟖𝟒𝟑𝟗 ᴍᴏʀᴇ ᴜᴘᴅᴀᴛᴇꜱ ᴏɴ xʀᴘ,ɴꜰᴛ'ꜱ,ʙᴛᴄ📊 ᴡʜᴀᴛꜱᴀᴘᴘ✙𝟏𝟔𝟏𝟐𝟒𝟔𝟎𝟖𝟒𝟑𝟗 ᴍᴏʀᴇ ᴜᴘᴅᴀᴛᴇꜱ ᴏɴ xʀᴘ,ɴꜰᴛ'ꜱ,ʙᴛᴄ📊 👆👆
@TriangleTao
@TriangleTao 2 жыл бұрын
It was not mentioned but high fee actively managed mutual funds can also take a toll on your financial gains. Over 30 years easily reducing your wealth by 150 to 300 thousand for the average investor. Compared to passive investments like a total stock market index fund that often run at fraction of the cost.
@asage5801
@asage5801 8 ай бұрын
Who does those anymore? ETFs are the way to go
@neilshahndynasty.8882
@neilshahndynasty.8882 2 жыл бұрын
Buy Silver & Platinum .
@ejh_x2
@ejh_x2 2 жыл бұрын
Thank you Rich Dad Radio! -Erik
@RobWilliams007
@RobWilliams007 2 жыл бұрын
Have to have an outside storage manager so the government can seize it at will.
@terrysmith1914
@terrysmith1914 2 жыл бұрын
I'm stunned this crowd esp Bob didn't have more to say about not being allowed to store your own physical gold
@jaybali1742
@jaybali1742 2 жыл бұрын
Yeah, I'm curious about that too! But that's what I love about this show, I get to learn a lot, even when they don't go in depth, I can research after and understand in depth what they're talking about.
@Beatriz_xx
@Beatriz_xx 2 жыл бұрын
If one invests more and have series of good income all this will not be a issue. However, we are human and we cant just sit idle and overlook all the fact that someone up there is making things hard for us down here. that's why I trade with Mrs Anne Marie, her trading strategies are amazing.
@fragrance4656
@fragrance4656 2 жыл бұрын
Amazing to see another who trade with Mrs Annie Marier, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable
@goodman5350
@goodman5350 2 жыл бұрын
I have not seen anyone as determined to protect the interests of their clients like Annie. How she allows you to express your fears and doubts then address those issues and make you feel calm is something I admire most about her. I don't usually comment on videos, but I must spread the word. She is something else ❤
@josefdominus4839
@josefdominus4839 2 жыл бұрын
Can you please tell me a little more about this woman Anne Marie. How do I get in touch with her?
@felixsadio120
@felixsadio120 2 жыл бұрын
@@josefdominus4839 I think it changes for everyone. I know I met her twice at a conference in Canada, when her speech was over I had to personally locate her and convince her to be my financial advisor.
@Beatriz_xx
@Beatriz_xx 2 жыл бұрын
You should communicate with her via telegram.
@lennytritta7191
@lennytritta7191 2 жыл бұрын
"Anyone who is not investing now is missing a tremendous opportunity." I’ve been able to build a big income stream investing with, Mrs Karen Cosmann, she changed my whole life, Thank you so much.
@Alexwilliamskenneth
@Alexwilliamskenneth 2 жыл бұрын
Wow, amazing to see others who trade with Mrs Karen Cosmann, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
@victoriarodriquez5276
@victoriarodriquez5276 2 жыл бұрын
I invest with Mrs Cosmann too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profits
@lennytritta7191
@lennytritta7191 2 жыл бұрын
@Henry ginn You can communicate with her on telegam with the user name below
@lennytritta7191
@lennytritta7191 2 жыл бұрын
investwithcosmann💯
@magichands6319
@magichands6319 9 ай бұрын
Reminder to review Better Business Bureau ratings before selecting a custodian!
@rajendradolia4216
@rajendradolia4216 2 жыл бұрын
Robert Sir, Which one is the first step to develop interest in Financial knowledge to my children.
@desesrtdude
@desesrtdude Жыл бұрын
Great content. Love it however your commercial frequency is excessive.
@sheritacotten5293
@sheritacotten5293 8 ай бұрын
great you and Kim do not need a pension but some folks do I do understand the power of a SDIRA
@dr.herminiakishida8572
@dr.herminiakishida8572 Ай бұрын
How can you contribute to Roth IRA when it's limited by age not unless all earnings from the equity trust will be rolled over to the Roth IRA?
@pbjtime0
@pbjtime0 2 жыл бұрын
Kinda funny. Robert says most American's don't have $1000 and then they play an advertisement for masterworks where they say that Americans are sitting on more money than ever.
@steve-on3234
@steve-on3234 6 ай бұрын
Just buy gld and slv stock in ira if you want to buy gold or silver. No need for physical metal.
@nayanmonisarmahsarmah779
@nayanmonisarmahsarmah779 2 жыл бұрын
It is always a God gift to see your smiling face and all the idea I got about money is from you and my dear ma'am that it is just a dream only that we will do this or that and it is the villian in our inner side.
@PatrickMorvan
@PatrickMorvan 2 жыл бұрын
How about dealing with crypto curencies, is it better to deal with a self directed traditional ira or roth?
@butterbruhh
@butterbruhh 2 жыл бұрын
5:56 I don't know how many times I had to replay this so that I could really understand that this is what this guy does daily...
@tampa_ty
@tampa_ty 2 жыл бұрын
Dear Rich Dad, there is something called an eQRP which addresses the issue of Unrelated Business Income Taxes in an IRA; please try to cover this on a future episode.
@AMC2193
@AMC2193 2 жыл бұрын
I workwith sovereign advisors to move what $ I could out of my 401k to a silver backed self directed ira Thru strata and depository
@XtraUploads
@XtraUploads 2 жыл бұрын
Can you also provide the information of the Tax advisor , Tom or someone similar you trust ?
@charmcrypto824
@charmcrypto824 5 ай бұрын
Retirement planning isn't just about stashing cash; it's about making savvy investment moves. Loved hearing about self-directed IRAs-it's about seizing the reins. otally vibing with Equity Trust Company's insights on self-directed IRAs. And hey, did you catch they're in partnership with My Digital Money? It's all about making crypto investing a breeze for anyone keen on broadening their investment horizon.
@dizzlecrystals5348
@dizzlecrystals5348 28 күн бұрын
So, I could use my self directed IRA to start a business and then all the business earnings are tax free? Isn’t this what Peter Thiel did when he started PayPal and he earned $4B tax free? The IRS tried to sue him and lost their case.
@YouAndImpact
@YouAndImpact 2 жыл бұрын
Great video 👍
@jessl5024
@jessl5024 2 жыл бұрын
Can you please talk more on not being able to hold gold in our homes?
@nancypanzica5539
@nancypanzica5539 2 жыл бұрын
I think they meant only that you can't do it through a self-directed IRA (prohibited transaction)
@GrandCanyonRVResort
@GrandCanyonRVResort Жыл бұрын
Because the gold (and other precious metals) that back these investments probably don’t really exist.
@tresasaidit6492
@tresasaidit6492 2 жыл бұрын
Great info! Absolutely enlightened!
@harsh6681
@harsh6681 2 жыл бұрын
Hi guys iam 18 , starting to buy a silver coin(commodity) each day. There's is 18% GST tax on it. Motive is to turn it into habit. Someone want to share their thoughts.
@SuperDonna1968
@SuperDonna1968 2 жыл бұрын
Love how you understand that there are people that have less than 1k to invest and cannot afford advisors.
@Tonyjay032
@Tonyjay032 2 жыл бұрын
Powerful information from all of them… There’s more than one way to win the game… Just learn and actually play the game…
@asage5801
@asage5801 8 ай бұрын
As you guys already know, Properly bought real estate can yield 10+% steady with almost NO volatility. This beats the 4% harvest rate of a normal IRA in retirement. Additionally, the property will benefit from appreciation. Add to that, the property can be sold with low risk of loss and $s returned to the IRA to be invested in whatever….
@dogmaster8354
@dogmaster8354 2 жыл бұрын
Information is what makes us wealthy and thinking smart is what makes us smart
@gasgar7251
@gasgar7251 2 жыл бұрын
I was looking into opening one of these but the fees are way too high.
@ericeverson5956
@ericeverson5956 2 жыл бұрын
private loans also.
@mm-hq4qh
@mm-hq4qh 2 жыл бұрын
What Robert say about gold ?
@_Miss_Mary
@_Miss_Mary 2 жыл бұрын
So..... let me get this straight.... I work and earn money. I take that money and buy gold & silver. And somehow the government gets to tell me if I can keep my property on site of my own home? -_- I feel like it's basically none of their business.....ya know?
@SleepyMagii
@SleepyMagii 2 жыл бұрын
Right?! That shiz is news to me too, I had no idea! I've always heard "if it's not in your possession, then you don't own it" with gold... which seems pretty true, no?
@donaldalfredo7185
@donaldalfredo7185 2 жыл бұрын
I think they're referring specifically to precious metals owned in your retirement account; they have to be held by a third party custodian the same way you can't live in or use a property in your IRA
@ukithiarandolph7250
@ukithiarandolph7250 24 күн бұрын
it’s easy when your a millionaire to say u don’t have ira or invest in pension… i’m so sick of all the conflicting information.. i just want to be comfortable when i retire in 10 years smh
@teragordon6146
@teragordon6146 2 жыл бұрын
Anyone who is not investing now is missing a tremendous opportunity
@caitlinfrancis5143
@caitlinfrancis5143 2 жыл бұрын
@Erica Oakley Same here, i will praise mr John Moise over and over again because he has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with him ever since he has been delivering.
@miracindy7230
@miracindy7230 2 жыл бұрын
I heard a lot of investing with Mr John Moise and how good he is, please how safe are the profit?
@henrymathias6964
@henrymathias6964 2 жыл бұрын
Wow, i've seen a lot of recommendation about John Moise, is he really that good.
@zackrector1
@zackrector1 2 жыл бұрын
@@miracindy7230 I'm so happy for taking the bold step in investing a little start up capital with after a week I received my profits to my bank
@jessemacron6059
@jessemacron6059 2 жыл бұрын
Please how can i contact Mr John? I want to invest with him too.
@jeyakumar8358
@jeyakumar8358 2 жыл бұрын
Yes
@desharma90
@desharma90 Жыл бұрын
How is the guys return 13.5%/yr when the interest he charges on his loan is 6.5%?
@sheritacotten5293
@sheritacotten5293 Жыл бұрын
some of our clueless but not for long buying my first rental property with my SDIRA
@howlingmedia4354
@howlingmedia4354 2 жыл бұрын
Hello, I wanted to ask do you own any of Shiba Inu coins?
@deetripp6036
@deetripp6036 2 жыл бұрын
Can you convert an IRA into a Self Directed IRA?
@cabh2008
@cabh2008 7 ай бұрын
Yes
@nicholasvarro7382
@nicholasvarro7382 2 жыл бұрын
Great Info!!!
@udou365
@udou365 2 жыл бұрын
@ 3:15 we don’t own one. That’s all I need to no. I know about them.
@MrLittlepresh
@MrLittlepresh 2 жыл бұрын
Any advice with being twenty years old with low income and need to be rich?
@928jfndis
@928jfndis 2 жыл бұрын
Vietnamese sub pls Thank you Robert 🙏
@josephhoresh2809
@josephhoresh2809 Жыл бұрын
Thank you Robert 🙏
2 жыл бұрын
Fast Speech Robert...!
@jeyakumar8358
@jeyakumar8358 2 жыл бұрын
Hello
@ellaschris
@ellaschris 2 жыл бұрын
Love your show so much and learn so much from you and your guests ! Can you tell me how I can invest in a oil well like you did ?
@inspirationalchannel3777
@inspirationalchannel3777 2 жыл бұрын
this is amazing Robert
@reneolivas1892
@reneolivas1892 2 жыл бұрын
I cannot take out of my 401k until I retire or I would put it into a self-directed IRA
@cyclingqueenbee
@cyclingqueenbee 2 жыл бұрын
Check out moving your 401K into a ROTH IRA. Remember, Robert always says don't say "I cannot", ask "How CAN I?". You'll find out that you can!
@tonyharris4748
@tonyharris4748 2 жыл бұрын
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Olivia Watson
@lucasmckenzie3055
@lucasmckenzie3055 2 жыл бұрын
I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.
@nicolasvasquez7531
@nicolasvasquez7531 2 жыл бұрын
Mrs Watson changed my life because of the high profits I got from investing with her.
@eleanorhendrick391
@eleanorhendrick391 2 жыл бұрын
You invest with Mrs. Watson too? Wow that woman has been a blessing to me and my family.
@philipclarkson5910
@philipclarkson5910 2 жыл бұрын
Please any information on how i can get in touch with Mrs. Watson .?
@johnwalker4045
@johnwalker4045 2 жыл бұрын
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
@RobWilliams007
@RobWilliams007 2 жыл бұрын
Also, I believe when you have real estate in a SDIRA, you can’t use any outside money for repairs, etc. it all has to come from IRA money.
@sheritacotten5293
@sheritacotten5293 8 ай бұрын
exactly why would you want to use your own money and not the SIDRA?
@jackiekevinsunny
@jackiekevinsunny 2 жыл бұрын
Thanks for keeping it real robert.
@colinhiggins4779
@colinhiggins4779 Жыл бұрын
Do NOT put real-estate into any kind of IRA. Why? Because you cannot put an IRA into a trust, and you lose all kinds of legal protections and tax benefits
@sheritacotten5293
@sheritacotten5293 8 ай бұрын
why not have both separately?
@kentrelt5140
@kentrelt5140 3 ай бұрын
What about self directed Roth IRA?
@colinhiggins4779
@colinhiggins4779 3 ай бұрын
@@kentrelt5140 you would have the same issues
@jamesrattenborg
@jamesrattenborg 2 жыл бұрын
Looks like with high inflation, people are selling bitcoin, gold, silver and stocks to pay for groceries, rent, and car repairs. This is probably why everything investing is getting cheaper.
@jojopotato9419
@jojopotato9419 2 жыл бұрын
Thanks for all you do robert!
@PatrickGreenSonVegeta
@PatrickGreenSonVegeta 2 жыл бұрын
This truly did feel like an exhausting sales pitch lol on both sides; great content as always, I enjoy the education!
@lubosimaboshe
@lubosimaboshe 2 жыл бұрын
real estate syndication is okay with the right team.Great show
@georgehirvela7435
@georgehirvela7435 2 жыл бұрын
I'm a couple years away from retirement and watching my IRA dwindle. I don't want to take it out and suffer the tax burden, I thought a SDIRA might afford me an opportunity to invest in things making money or at least not losing money.
@jordanjames8864
@jordanjames8864 Жыл бұрын
Why wouldn’t you have a Roth?
@georgehirvela7435
@georgehirvela7435 Жыл бұрын
Because the money in my IRA is pretax and a Roth is not, and I am not ready to pay the tax. @@jordanjames8864
@asage5801
@asage5801 8 ай бұрын
1st, we all took a drop in ‘22, 2nd, hopefully you didn’t panic and sell while mot was down, 3rd, pls learn the lesson and readjust your investment so that mkt drops don’t make you crazy. Study, study, study…lots of books out there, financial advisors, etc that can help. KZbin IS NOT the place to take true lessons and decision…only guidance. KZbinrs are always hustling for money
@mikengo7799
@mikengo7799 2 жыл бұрын
Robert does an amazing job of keeping these guys in line and straight to the point with out the sales pitch 💯
@artzcard
@artzcard 7 ай бұрын
You’re being interviewed by a legend and you don’t have a mic. Not a good look man.
@puffchickpam1
@puffchickpam1 Ай бұрын
This sounds like something I don’t wanna touch
@ZukoTheShinigami
@ZukoTheShinigami Ай бұрын
Why? Is it beyond your comprehension? Or you think its sketchy?
@phillipwallbank5
@phillipwallbank5 2 жыл бұрын
The amount of people that have know idea about the criminals who are playing with there money is beyond logic
@joseorellano8423
@joseorellano8423 2 жыл бұрын
Thank you Richdad family for sharing This context was fire 🔥 =)
@joseorellano8423
@joseorellano8423 2 жыл бұрын
will do 🫡 I been wanted to,for so long, back in 2000’s if listen to Robert lol 🙈
@President-Elect_Cory
@President-Elect_Cory 2 жыл бұрын
@@joseorellano8423 Don't fall for that telegram scammer.
@joseorellano8423
@joseorellano8423 2 жыл бұрын
@@President-Elect_Cory thank you I wouldn’t anyway seem right why it’s harder for ppl to trust
@joseorellano8423
@joseorellano8423 2 жыл бұрын
I rather learn on my own at time and study 📚 hours because I wasn’t taught any of this!!
@joseorellano8423
@joseorellano8423 2 жыл бұрын
Once I can Master no one hold me down just like Robert love passion and some he’s right and bold to call bullshit!!!
@salifousawadogo9594
@salifousawadogo9594 2 жыл бұрын
Thank you Mr Robert and is goup !
@daveyjamesolson
@daveyjamesolson 2 жыл бұрын
Robert, are you still advising to invest in Bitcoin? And to be a lifelong renter of your primary residence?
@bankingonrealestate5590
@bankingonrealestate5590 2 жыл бұрын
The real stuff! lol I have a SD - IRA and it's a staple in RE paper
@sheritacotten5293
@sheritacotten5293 8 ай бұрын
why support bad education?
@angelesluis1904
@angelesluis1904 2 жыл бұрын
Investing in Crypto now is very cool especially with the current rise in the market now
@angelesluis1904
@angelesluis1904 2 жыл бұрын
Most especially having an expert Trader like Mr Kunal Desai
@SisterFangplatter
@SisterFangplatter 2 жыл бұрын
Well, this's not the first time of seeing his name on the social platform
@SisterFangplatter
@SisterFangplatter 2 жыл бұрын
I think he's extremely brilliant and lucrative at same time
@SisterFangplatter
@SisterFangplatter 2 жыл бұрын
he helped me recover all the money I lost trying to trade myself
@zariaclement6813
@zariaclement6813 2 жыл бұрын
Who's this professional, everyone is talking about? I always see his post in top comment on every KZbin video I watched
@kateoliver911
@kateoliver911 2 жыл бұрын
Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
@thomaskings4661
@thomaskings4661 2 жыл бұрын
This must be an investment with Mrs Charlotte Junko Walsh
@Michael-qy7ko
@Michael-qy7ko 2 жыл бұрын
@@thomaskings4661 Wow I'm just shocked you mentioned expert Mrs Charlotte thought I'm the only one trading with her
@emiliaconstancepirro2682
@emiliaconstancepirro2682 2 жыл бұрын
She helped me recover what I lost trying to trade myself
@thomaskings4661
@thomaskings4661 2 жыл бұрын
@@emiliaconstancepirro2682 Mrs Charlotte is the right person to start trading cryptocurrency with.. she knows her way around the crypto world.. she has been helping me increase my investment every day for over months..
@emiliaconstancepirro2682
@emiliaconstancepirro2682 2 жыл бұрын
@Richard Nathan Mrs Charlotte is my professional assistant, I have been trading with her for 8 months now... I've really made over $200,000 from her strategies in trading of cryptocurrencies.
@annad.384
@annad.384 2 жыл бұрын
Great show. Please keep making more.
@jentorninos.ballen9269
@jentorninos.ballen9269 Жыл бұрын
Hd ko gusto Po lahat to sir Robert I'm SORRY
@RobWilliams007
@RobWilliams007 2 жыл бұрын
Yes, thanks for the show because I’ve been tossing around the idea of moving some IRA money to a SDIRA and buy some gold.
@maheshangre6695
@maheshangre6695 2 жыл бұрын
🙏
@bobcrane2720
@bobcrane2720 2 жыл бұрын
Here's a tip, if you can get $30k+ in a Roth IRA after age 60; you MAY be able to day trade it tax free! Some brokers allow you to trade intraday with a Roth (if not, swing trades are good; I don't like uncontrollable overnight volitility and I'm not a fan of morning volitility either.) This is only for those who are good at it, if not good at day trading; then just work a job or run a business and sock it away in SP500.
@asage5801
@asage5801 8 ай бұрын
You have lots to learn about trading and investing. Keep reading… paper trades only for you
@haiti808
@haiti808 2 жыл бұрын
A lot of people can’t buy a house anymore because of inflation. They ended up tenants for real estate investors
@socialpublisher123
@socialpublisher123 2 жыл бұрын
Based on your comment, I need to be a landlord.
@haiti808
@haiti808 2 жыл бұрын
@@socialpublisher123 well I didn’t say to invest at all. You do your own research and study. I don’t want to be blamed for any reason
@President-Elect_Cory
@President-Elect_Cory 2 жыл бұрын
@@haiti808 the individual real estate investors are not to blame for inflation.. the government is. And hedge funds like Blackrock have created an unhealthy market in many pockets of the U.S.
@sheritacotten5293
@sheritacotten5293 8 ай бұрын
there are many creative ways to buy a house do not banks anymore unless it is time to refinance
@austinsincerbeaux1908
@austinsincerbeaux1908 2 жыл бұрын
You do not hold it, you do not own it…
@hestjensen3876
@hestjensen3876 2 жыл бұрын
👍
@LecturaReading
@LecturaReading 2 жыл бұрын
……
@isaacpalmquist9202
@isaacpalmquist9202 2 жыл бұрын
Real Estate is going to get slaughtered and there will be some amazing deals in the next few years.
@billydanzz
@billydanzz Жыл бұрын
Hey wait...did he say pilots???? Lol Trust me...we knew our job futures weren't "promised" since deregulation in the 70's.
@keithohalloran7216
@keithohalloran7216 2 жыл бұрын
Brilliant show people. ✌
@sumtingwongnow
@sumtingwongnow 2 жыл бұрын
New to watching Robert. Full of info so far! Waiting to hear your advice on when to invest when things crash. New life ahead !!
@President-Elect_Cory
@President-Elect_Cory 2 жыл бұрын
he doesn't tell you when to invest... he tells you to study so that you can know for yourself.
@yourowneconomy
@yourowneconomy 2 жыл бұрын
@@President-Elect_Cory no one can predict the future
@President-Elect_Cory
@President-Elect_Cory 2 жыл бұрын
@@yourowneconomy are you sure? The world is pretty predictable when you can see the patterns.
@yourowneconomy
@yourowneconomy 2 жыл бұрын
@@President-Elect_Cory I would love to meet and pay for that person who can predict everything correctly. Legit.
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